what is the meaning of the word "supply" in economics?
Supply refers to the total amount of a good or service that an economy can provide. In economics, supply refers to the amount of a good or service that a producer or seller is willing and able to provide at a specific price in a specific market. It is one of the two main determinants of market equilibrium, Supply is the amount of a good or service that a producer or seller is willing and able to provide at a specific price in a specific market. It is one of the two main determinants of market equilibrium, along with demand.